L&T arm to raise Rs 300 cr

Published on May 05, 2015 01:17:58 AM
Business
L&T Infrastructure Finance Company has plans to raise Rs 300 crore through secured, redeemable, non-convertible debentures of the face value of Rs 25 lakh each, amounting to Rs 300 crore with an option to retain over-subscription of Rs 100 crore. The proposed instrument will be issued on a private placement basis.